Wu Zebin, a master's degree holder in sociology with Peking Universty

武泽斌，北京大学社会学硕士

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College degree holder. Outstanding high school or polytechnic school graduates.

大专学历，优秀的可放宽到高中或中专学历。

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Bachelor degree holder, major of Accounting, CPA or Master of Accounting is a plus.

本科以上学历，会计专业，CPA或会计硕士优先。

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But in just one generation the four-year degree holder has leaped ahead in the earnings wars.

FORBES: Is College Worth It?

Take a well-known statistic: As recently as the 1970s, there was little difference in the lifetime earning potential between a high school grad and a four-year-college degree holder.

FORBES: Is College Worth It?

It was once assumed, for instance, that a liberal arts degree holder was numerate and literate and knew how to draw lessons from history, weigh evidence, think, write, speak, debate and learn.

FORBES: Is College Worth It?